David Tsao

Why I Bought Financials (Despite the Mess)

The selling surge will continue. I admit it is hard to buy stocks in this environment, but some stocks are on sale now. I got into XLF a few months ago. Was it the bottom? Well of course not... that's easy to say now. They key is I took a small bite. If it continues to go on sale, and you believe the world isn't coming to an end, then now is a better time to feast on those quality companies you've always wanted to own.